BTC USD : personal thinking

Updated

- Rising wedge to 6800
- 200ma at 7100
- next target should be at least 7150

Many guys are still dreaming the Moon dream.
I guess, this market didn't experience the real panic yet.
When we find many threads here that saying good bye, we finally can go to the Moon. I guess.
Whales are greedy just like us. zzz
Anyway let's keep watching.

Note

Text book of Fib :
0.5 retracement from 6647.6
0.618 bounce up from 6212.9

If you already bought some, Keep watching if it would break out 7000.
Good luck.

Note

Manipulator really likes Fib 0.618.

I'm not sure that it is a upward market or not.
I'm just waiting fr my position.
Good luck.

Note

In case of bullish bat : $5948
Trading at this situation is very dangerous.
Keep your SL or do not buy anything until you check its direction clearly.

Note

I think the average price of BTC of whales are very close to zero. So, why not 1K? They can manipulate the market where ever they wanna go.
Market value?
How can we define the value of BTC or ALTs now?
We cannot define it yet.
When it be defined the value, BTC would pumped extremely just the day before the news.
Big money would wants BTC at lower or even the lowest price. Just like us.
Buy BTC or ALTs when you can bear the risk.
Keep your SL is the best idea.
Good Luck.

Note

Yearly down trend line : 6900
500ma : 7150
breaking out the down trend line(resistance) and making a new HH means Uptrend. I think.
Let's keep watching.
Good Luck.

Note

In case of fail to make an LH over $7000.

Note

Red box is very dangerous zone.(maximum resistance from long term down trend)

divan1004

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